Volume of sevices grows 1.1% in July
September 13, 2022 09h00 AM | Last Updated: September 19, 2022 09h08 PM
In July 2022, the volume of services in Brazil grew 1.1% compared to June, in the seasonally adjusted series. The sector is 8.9% above the level of February 2020 (pre-pandemic) and 1.8% below November 2014 (the peak of the time series).
|July 22 / June 22*||1.1||0.9|
|July 22 / July 21||6.3||15.9|
|Cumultive last 12 months||9.6||16.4|
| *seasonally-adjusted series
In the series without seasonal adjustment, compared to July 2021, the volume of services rose 6.3%, the 17th consecutive positive rate. The cumulative index for the year reached 8.5% compared to the same period in 2021, and the cumulative index for the last twelve months went from 10.5% in June to 9.6% in July 2022, maintaining a downward trend since April 2022 ( 12.8%).
|Monthly Survey of Services - Volume of Services. according to dissemination activities - July 2022 - Change (%)|
|Dissemination Activites||Month/Previous month (1)||Monthly (2)||Cumulative in the year (3)||Last 12 months (4)|
|MAY||JUN||JUL||MAY||JUN||JUL||JAN-MAY||JAN-JUN||JAN-JUL||Up to MAY||Up to JUN||Up to JUL|
|Volume of Services - Brazil||0.4||0.8||1.1||9.1||6.4||6.3||9.4||8.9||8.5||11.7||10.5||9.6|
|1. Services rendered to families||2.2||0.5||0.6||39.7||28.1||22.6||38.0||36.2||33.9||37.3||34.6||31.1|
|1.1 Lodging and food services||1.3||-0.8||2.0||42.5||28.8||22.3||40.1||38.1||35.3||39.9||36.8||32.7|
|1.2 Other services rendered to families||-0.1||3.1||2.2||25.0||24.6||24.1||26.7||26.3||25.9||23.8||23.1||22.5|
|2. Information and communication services||0.9||-0.2||1.1||4.0||0.9||2.0||3.4||2.9||2.8||7.7||6.7||5.9|
|2.1 Information and communication technology services (TIC)||1.5||-0.8||0.6||4.1||1.5||2.1||3.0||2.8||2.7||7.2||6.4||5.7|
|2.1.2 Information technology services||2.6||-5.1||6.6||20.2||11.3||17.2||18.0||16.7||16.8||22.6||21.2||20.7|
|2.2 Audiovisual services||1.3||0.6||-0.9||3.3||-4.6||1.2||6.5||4.3||3.9||12.8||9.0||7.5|
|3. Professional, administrative and complementary services||1.1||0.8||-1.1||9.7||8.3||4.2||8.4||8.4||7.7||9.4||8.8||7.9|
|3.1 Technical-professional services||1.2||3.6||-3.1||6.7||9.8||-2.0||7.9||8.3||6.6||10.9||10.1||8.0|
|3.2 Adminsitrative and complementary services||1.0||0.0||-0.1||10.9||7.7||6.8||8.6||8.5||8.2||8.8||8.2||7.9|
|4. Transportation, support services for transportation and mailing||0.6||0.9||2.3||11.9||10.1||12.8||14.8||13.9||13.8||16.1||14.7||14.0|
|4.1 Land transportation||2.3||2.4||0.9||19.6||20.6||18.7||17.1||17.8||17.9||16.6||16.1||15.9|
|4.2 Waterway transportation||4.2||1.6||3.4||12.4||14.6||13.7||11.0||11.6||12.0||14.6||14.6||14.0|
|4.3 Air transportation||-12.8||-9.0||6.8||30.4||-3.3||15.4||70.7||53.5||46.6||67.2||54.0||47.3|
|4.4 Storage, support services for transportation and mailing||0.2||-2.2||5.4||-3.0||-3.4||2.7||2.8||1.7||1.9||7.2||5.7||5.1|
|5. Other services||3.1||1.3||-4.2||-3.9||-4.6||-11.3||-4.1||-4.2||-5.3||0.0||-1.6||-3.4|
|Source: IBGE. Diretoria de Pesquisas. Coordenação de Estatísticas Conjunturais em Empresas
(1) Base: immediately preceding month - seasonally adjusted;
(2) Base: same month a year ago;
(3) Base: same perido a year ago;
(4) Base: 12 previous monthss,
The advance of 1.1% of the volume of service, from June to July 2022, was followed by three of the five activities surveyed, with a highlight to transportation (2.3%), which advanced 3.9% between May and July, and to information and communication (1.1%), which recovered the slight decrease (-0.2%) of the previous month. The other expansion in the month was with services rendered to families (0.6%), the fifth consecutive growth, with cumulative gin of 9.7% in this period. Conversely, other services (-4.2%) and professional, administrative and complementary services (-1.1%) exerted the negative influences of July.
Also in the seasonally adjusted series, the quarterly moving average (0.8%) in the quarter ended July 2022 against the previous month, has had positive results since July 2020. The following subsectors also recorded followed the growth of the global index: transportation (1.3%); services rendered to families (1.1%); information and communication (0.6%); and professional, administrative and complementary services (0.3%). On the other hand, other services (0.0%) remained stable this month.
In comparison with July 2021, the volume of the services sector, having increased 6.3% in July 2022, recorded the 17th positive rate in a row. This month’s result was marked by increase in four of the five dissemination activities and in 59.6% of the 166 types of services investigated. Among the sectors, that of transportation, support services for transportation and mailing (12.8%) accounted for the main positive contribution to the overall value of services, due, to a great extent, to the increased revenue of enterprises in the segments of road transportation of cargo, air transportation of passengers, port and terminal management, road transportation of passengers, maritime and port support; and cargo railway transportation.
The other advances came from services rendered to families (22.6%); professional, administrative and complementary services (4.2%); and information and communication (2.0%).
The only negative rate was that of other services (-11.3%), mainly due to the lower revenue from fund management by contract or commission; securities brokers; recovery of plastic materials; management of organized exchanges and over-the-counter markets; and financial investment advice.
In the cumulative index in the year, over the same period in the previous year, the services sector increased 8.5%, with an expansion in four out of the five activities and in 67.5% of the 166 types of services surveyed. Among the sectors, the most relevant positive contribution was that of transportation, support services to transportation and mailing (13.8%). The other advances came from services rendered to families (33.9%); professional, administrative and complementary services (7.7%); and information and communication (2.8%). The only negative rate came from other services (–5.3%).
Services increase in 17 of the 27 federation Units in July
By area, 17 of the 27 Federation Units recorded increases in volume of services in July 2022 in comparison with the previous month, following the increase observed at national level (1.1%). Among the areas that recorded positive increases in the month, the most important impacts came from São Paulo (1.3%), followed by Minas Gerais (1.9%), Santa Catarina (3.1%), Goiás (4.7%) and Pernambuco (4.0%). On the other hand, Federal District (-2.8%) exerted the major negative influence followed by Paraná (-1.2%) and Ceará (-2.5%).
In comparison with July 2021, the increase in volume of services in Brazil (6.3%) was observed in 25 of the 27 Federation Units. The main positive contribution came from São Paulo (8.1%), followed by Minas Gerais (6.9%), Rio de Janeiro (3.9%) and Rio Grande do Sul (8.1%). Conversely, the Federal District (-8.5%) recorded the main negative figure in the month, followed by Acre (-7.8%).
The cumulative index in the year, against the same period a year ago, shows that the advance in volume of services in Brazil (8.5%) was spread over the areas surveyed, since 25 of the 27 Federation Units recorded increases in real services revenue. The main positive impact in regional terms took place in São Paulo (10.1%), followed by Minas Gerais (10.6%), Rio Grande do Sul (14.3%), Rio de Janeiro (2.2%), Bahia (9.2%) and Pernambuco (12.5%). The Federal District (-1.7%) and Rondônia (-1.6%) registered the only negative contributions to the overall index.
Tourism activities recorded an increase of 1.5% in July
The index of tourism activities expanded 1.5% in July 2022 over the previous month, after retracting 1.7% in June. However, the tourism segment is still 1.1% below the level of February 2020. By areas, ten of the 12 places surveyed recorded increases as observed in the national tourism activity (1.5%). São Paulo accounted for the most significant positive contribution (4.6%), followed by Santa Catarina (9.6%), Rio de Janeiro (2.0%) and Paraná (4.6%). Conversely, Minas Gerais (-0.6%) and Rio Grande do Sul (-1.1%) recorded the only drops in regional terms.
In the comparison July 2022 / July 2021, the index of tourism activity in Brazil rose 26.5%, 16th positive rate in a row, mainly due to the increased revenue of enterprises that work in the segment of restaurants; car rental; road transportation of passengers; car rental; catering services and air transport. In regional terms, all 12 Federation Units in which the indicator is surveyed registered an advance in tourism services, highlighted by São Paulo (34.6%) and followed by Minas Gerais (38.7%), Rio de Janeiro (12.2%), Rio Grande do Sul (32.0%) and Paraná (33.9%).
In the cumulative indicator in the year, the special aggregate of tourism activities increased 41.9% against the same period in 2021, mainly due to the increases in revenue of companies in the segments of air transportation of passengers; restaurants; hotels; car rental; mass road transportation of passengers and catering services. All the 12 areas surveyed also recorded positive rates, among which the following ones stood out: São Paulo (47.7%), followed Minas Gerais (67.1%), Rio de Janeiro (22.2%), Rio Grande do Sul (56.6%) and Bahia (38.2%).
Passenger transportation and cargo transportation advance in July
In July 2022, the volume of passenger transportation in Brazil recorded expansion of 4.1% compared to the previous month in the seasonally adjusted series, recovering, thus, the loss seen in the May-June period (-3.4%). This way, the segment is, this month, 0.4% above the (pre-pandemic) level of February 2020, and 21.9% below that of February 2014 (peak of the time series). The volume of cargo transportation, in turn, recorded an increase of 1.2% in July 2022, with a cumulative increase of 19.7% since October 2021. This way, the segment hit a new record, the peak of its time series this month. In comparison with the pre-pandemic level, cargo transportation is 31.7% above that of February 2020.
Against the same month in 2021, without seasonal adjustment, transportation of passengers recorded the 16th consecutive positive rate in July 2022, advancing 24.2%, whereas cargo transportation increased 15.4%, its 23rd consecutive positive result.
In terms of the cumulative index in the year, transportation of passengers increased 41.0% against the same period in 2021, whereas cargo transportation increased 13.4%.